Legal Question in Credit and Debt Law in Illinois

Co signer being sued

I am being sued for the remainder of a loan that was not paid. Is there anyway I can settle out of court for a lower amount?


Asked on 3/03/08, 3:43 pm

1 Answer from Attorneys
Thomas Moens Moens Law Offices, Chartered

Re: Co signer being sued

You can certainly discuss this with the creditor, though they have no obligation to agree to a lesser amount.

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Answered on 3/05/08, 11:03 am


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